NOT LISTED FOR SALE

37 Mill House Rd Gulf Shores, AL 36542

Estimated Value: $183,000 - $1,457,000

1.22 Acres
$522,951 Price per Acre
53,143 Sq Ft Lot

Last Sold February 26, 2020

Last sale price $60,000

Est. 963% increase in value since last sale

Current estimated payment $3,551/month

635 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Fishing Pier
  • Corner Lot
  • Gulf Shores Elementary School Rated A-
  • Heavily Wooded Lot

About This Lot

As of February 2020

Beautiful 1.2 acre, wooded corner lot in the popular Martyn Woods subdivision. Known for large lots, private homes and mature trees throughout, Martyn Woods is the perfect place to build your home. Feel like you live in the country while only minutes from City amenities, 3 miles from shopping, dining and entertainment and 15 minutes to the beach. The subdivision boasts a private walking path out to a covered gazebo on Bon Secour River where residents can fish, kayak or just relax and lighted tennis courts. Virtual tour link shows a unique amenity only for Martyn Woods owners.

Last Agent to Sell the Property

Angela Claypool

RE/MAX Paradise Listed on: 05/10/2018

RE/MAX Paradise

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $323

Lot Details

  • 1.22 Acre Lot
  • Lot Dimensions are 198.5 x 276.6
  • Corner Lot
  • Heavily Wooded Lot

HOA Fees

  • $30 Monthly HOA Fees

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Listing and Financial Details

  • Assessor Parcel Number 61-09-31-0-000-004.004

Community Details

Overview

  • Martyn Woods Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Fishing Pier
  • Deeded Waterfront Access Rights
  • River Access

Property Details

Property Type

Land

Est. Annual Taxes

$323

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Class: Lots And Land
  • Flood Zone: AE
  • Property Type: Residential Lots
  • Restrictive Covenants: Yes
  • Associated Document Count: 3
  • Lot Type: Corner
  • Owners Association: Yes
  • Parcel Id Tax Id: 61-09-31-0-000-004.004
  • Geo Subdivision: AL
  • Subdivsn Or Commnty: Martyn Woods
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 49180.33

Exterior Features

  • Water Property Type: Deeded Access, River Acc (Wlk <=1/4 Mi)

Utilities

  • Utilities: Sewage-City Available, Water-City, Baldwin Emc

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 30
  • Association Management Email: mikeboan@coastlinemgmt.com
  • Community Amenities: Fishing Pier

Schools

  • Elementary School: Gulf Shores Elementary
  • High School: Gulf Shores

Lot Info

  • Estimated Lot Size: 1.22
  • Lot Block Unit: 37
  • Lot Description: 1-3 Acres, Corner Lot, Heavily Wooded Lot
  • Lot Size: 198.5 x 276.6

Rental Info

  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 323.40
  • Assessor Parcel Number: 238549

MLS Schools

  • Elementary School: Gulf Shores Elementary
  • HighSchool: Gulf Shores

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2018
Closed on
Feb 26, 2020
Sold by
Mckee Edgar G and Mckee Kelli C
Bought by
Stowe Lonnie and Stowe Lisa
Seller's Agent
Angela Claypool
RE/MAX Paradise
Buyer's Agent
Non Member
Non Member Office
List Price
$85,600
Sold Price
$60,000
Premium/Discount to List
-$25,600
-29.91%
Current Estimated Value
$638,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$578,000
Avg. Annual Appreciation
54.32%
Original Mortgage
$45,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 3, 2005
Sold by
Moore Jackie S
Bought by
Mckee Edgar G and Mckee Kelli C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stowe Lonnie $60,000 None Available
Mckee Edgar G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Stowe Lonnie $45,000
Previous Owner Mckee Edgar G $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2020 02/26/20 Sold $60,000 -14.2% --
02/04/2020 02/04/20 Pending -- -- --
11/19/2019 11/19/19 Price Changed $69,900 -6.7% --
05/10/2019 05/10/19 Price Changed $74,900 -6.3% --
03/26/2019 03/26/19 Price Changed $79,900 -6.7% --
05/10/2018 05/10/18 For Sale $85,600 -- --
Source: Baldwin REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $618 $18,720 $18,720 $0
2023 $477 $14,440 $14,440 $0
2022 $417 $12,640 $0 $0
2021 $391 $11,840 $0 $0
2020 $370 $11,200 $0 $0
2019 $370 $11,200 $0 $0
2018 $393 $11,900 $0 $0
2017 $323 $9,800 $0 $0
2016 $323 $9,800 $0 $0
2015 $277 $8,400 $0 $0
2014 -- $8,400 $0 $0
2013 -- $8,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 269586

Baldwin REALTORS®

APN: 61-09-31-0-000-004.004